The IPO consisted of a total offering of 113,500 shares, raising a total of EUR 1.015 million.
At the end of the first trading day, the share price rose by 9.5%, compared to the initial reference price of EUR 8.95, to close at EUR 9.80 bringing the market capitalisation of the company at EUR 6.2 million.
With this new introduction, the Free Market of Euronext Brussels now lists 12 companies.
Since 1968, REALCO has researched, developed, manufactured and marketed unique products for cleaning and waste water treatment using chemical and biochemical expertise. REALCO caters for the specific needs of both individual users and professional users offering solutions that meet their expectations in terms of: product performance, compliance with health regulations, safe usage and environmental concerns.
At present, REALCO employs 31 staff. The gamut of products manufactured and commercialised by REALCO amounts to up 200 different products. The commercial activities are grouped in 3 divisions: “Business to Consumer” (BtoC), “Business to Business” (BtoB) and “Export”.
In 2005, the company realised a net result of EUR 290,318 on a turnover of EUR 5,013,215
ICB classification of Realco: 3000 – Consumer Goods, 3700 – Personal & Household Goods, 3720 – Household Goods, 3724– Nondurable Household Products
Realco is traded on the NSC platform under the following codes:
Code SVM: 3841.58
Code ISIN: BE0003841583
Code stock: REAL
